Odd-Lot Buy Back

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Odd-Lot Buy Back

An offer made by the corporation or its agent to purchase shares from odd-lot shareholders.

Odd-Lot Buy Back

An offer by a publicly-traded company to buy shares in itself from odd-lotters, or those who buy and sell in portions of less than 100 shares.
References in periodicals archive ?
2 /PRNewswire/ -- National-Standard Company (NYSE: NSD) today announced that it will offer an odd lot buyback program to shareholders of less than 100 shares of National-Standard Company common stock.